Sublease Application - The Lovett Group of Real Estate Companies

Revised 4/9/12 CCB
51 Fifth Avenue Owners Corp.
51 Fifth Avenue, New York, NY 10003
Procedure for the Sublease of Apartments
The Board of Directors of 51 Fifth Avenue Owners Corp. has established policies and procedures
for the consideration and approval of the sublet of apartments in this Cooperative.
Your completed package should be sent to:
John B. Lovett & Associates, Ltd.,
c/o Yajaira V. Crespo
109-15 14th Avenue
College Point, New York 11356
Purchaser must submit: ONE (1) ORIGINAL AND Seven (7) collated sets of “Sublease
Application Package” (TOTAL OF 8 SETS).
THE FOLLOWING FEES ARE PAYABLE UPON SUBMISSION OF THE SUBLEASE
APPLICATION, ONLY CERTIFIED CHECKS, BANK CHECKS OR MONEY ORDERS WILL
BE ACCEPTED:
o A non-refundable Processing Fee in the amount of $350. Please make check
payable to THE LOVETT COMPANY, LLC.
o A non-refundable Credit Report Fee, in the amount of $100 per applicant. Please
make check payable to THE LOVETT COMPANY, LLC.
o Corporation's Annual Sublet Fee, in the amount of one (1) month's maintenance
(This fee is refundable if the applicant is not approved by the Board). Please make
check payable to 51 Fifth Avenue Owners Corp.
o A refundable Move-out Deposit from the Shareholder in the amount of $500 must
be submitted with the application. Please make check payable to 51 Fifth Avenue
Owners Corp.
o A non-refundable Move out Fee from the Shareholder in the amount of $250 must
be submitted with the application. Please make check payable to 51 Fifth Avenue
Owners Corp.
o A refundable Move-in Deposit from the Subtenant (applicant) in the amount of $500
must be submitted with the application. Please make check payable to 51 Fifth
Avenue Owners Corp.
o A non-refundable Move-in Fee from the Subtenant (applicant) in the amount of $250
must be submitted with the application. Please make check payable to 51 Fifth
Avenue Owners Corp.
Once the package has been reviewed and appropriate action taken by the managing agent, it will
be submitted to the Board of Directors for review and an interview will be scheduled.
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PLEASE NOTE THE FOLLOWING:
Any maintenance arrears must be brought current before an application will be
processed.
PROCESSING OF YOUR APPLICATION TAKES APPROXIMATLEY THREE
WEEKS.
IF APPROVED, YOU ARE ONLY ALLOWED TO SUBLET FOR A ONE-YEAR TERM. WHEN
THE SUBLEASE RENEWAL IS DUE, AND ONCE THE BOARD OF DIRECTORS HAS
APPROVED IT, THE SHAREHOLDER WILL BE NOTIFIED IN WRITING BY MANAGEMENT.
AT THE TIME THE RENEWAL IS SUBMITTED, THE ANNUAL CORPORATION SUBLET FEE
MUST BE INCLUDED. THERE IS ALSO A $150.00 SUBLEASE RENEWAL FEE DUE AND
PAYABLE TO THE LOVETT COMPANY, LLC.
NO SUBLET WILL BE ALLOWED FOR MORE THAN TWO (2) CONSECUTIVE YEARS.
If you have any questions, please feel free to contact me at (718) 445-9500 Ext #149 or
ycrespo@lovettrealty.com.
Revised 4/9/12 CCB
2

TLC The Lovett Company, LLC
Revised 4/9/12 CCB
REAL ESTATE MANAGEMENT
IMPORTANT INFORMATION REGARDING YOUR SOCIAL
SECURITY NUMBER
PROTECTING YOUR PRIVACY
In order to protect your privacy please remove / blackout your social
security number from each financial institution document inserted into the
application.
Financial condition (net worth)
Tax returns
Personal loans
Bank statements
o IRA
o CD’s
o Savings
The Credit Agency Authorization Form in the application is the only
form that requires your Social Security number. ONLY send one (1)
Credit Agency Authorization Form to our office with your original
application - do not make or send additional copies of the Credit
Agency Authorization Form. The Credit Agency Authorization Form
containing your Social Security number will be shredded in our office
as soon as we submit the information to the Credit Agency and
obtain your credit report.
If you have any questions, please contact the Management Office.
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Revised 4/9/12 CCB
IMPORTANT NOTES
Due to the large volume of calls, and applications, received by this office, we
kindly ask that you refrain from calling for an update, during the three (3) week
processing period. When an update is ready, we will contact your point person,
which we recommend should be your Real Estate Broker, or in the absence of a
Broker your Attorney. Please advise all parties involved and provide them with
the brokers and/or attorney’s contact information.
In an effort of fairness, we must process applications on a first come first serve
basis.
If you are concerned about the receipt of the package, please use a method
of return receipt via USPS, Fed Ex, messenger service or hand delivery, etc.
If there is a problem with the application submitted you will be notified
accordingly.
Please be advised that submission of an incomplete package may extend the
three week processing period.
After the application is processed and submitted to the Board you will be
advised, via telephone, or e-mail, on the next step of the process.
Please provide e-mail addresses below and advise us who is the point person
(main contact). Please be advised that all parties will not be called/e-mailed,
only the main contact.
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
Brokers: replace your purchase and lease applications every three (3) months
to make sure you have a current one. Submission of old packages will cause
delays in the processing. Call our office and updated packages could be e
mailed to you.
Please provide your bank/mortgage broker/appraiser with the attached
information. Thank you for your cooperation.
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Revised 4/9/12 CCB
SUBLEASE APPLICATION FOR COOPERATIVE
APARTMENT: ____________
Applicant Name: _____________________________ __________________
Applicant Address: ________________________________ Telephone: (_____) __________________
________________________________
Applicant Name: _______________________________________________
Applicant Address: ________________________________ Telephone: (_____) __________________
________________________________
Shareholder's Name: _______________________________________________
Shareholder Address: ________________________ Telephone: (_____) __________________
________________________
Broker: _________________________________
Company: _______________________________
Address: ________________________________
Lease Dates: From: ____________________ to ________________________
Anticipated Date of Move-In: ________________
INFORMATION REGARDING APPLICANT(S)
Applicant: ________________________________________________________
Home Address: __________________________________
_________________________
____________________________ Telephone: __________________
Length of Occupancy: _____________________ Rent: ______________________
Employer’s Company Name & Address: ______________________________________
______________________________________
______________________________________
Telephone: ____________________________ Supervisor: __________________
Salary per Annum: _______________________ Commission & Bonus: __________
Other Income______________________________
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Spouse/Co-Applicant:_____________________________________________________
Home Address: _________________________________
_________________________
____________________________ Telephone: __________________
Employer’s Company Name & Address: ______________________________________
______________________________________
______________________________________
Telephone: ____________________________ Supervisor: ___________________
Salary per Annum: _______________________ Commission & Bonus: __________
Name of all persons and relationships who will reside in apartment and, if children, please state age:
___________________________________________________________________
________________________________________________________________
________________________________________________________________
Name of all residents in the building known by applicant: ____________________________
___________________________________________________________________
Are any pets to be maintained in the apartment? Yes _______________ No ____________
If yes, please number and type pets: ___________________________________________________
INFORMATION REGARDING APPLICANT(S)
LANDLORD REFERENCES:
Present Landlord or Agent: ______________________________________________
Address: ___________________________________ Telephone: _______________
Previous Landlord or Agent: _____________________________________________
Address: __________________________________________________________
Address of previous residence and approximate length of occupancy:
________________________________________________________________
________________________________________________________________
FINANCIAL REFERENCES:
(Please list first the bank, type of account (savings, checking, money market, etc.) and account number with the
most assets).
1. Bank:
Address:
Type of Account:
Account Number:
Revised 4/9/12 CCB
6

2. Bank:
Address:
Type of Account:
Account Number:
3. Bank:
Address:
Type of Account:
Account Number:
4. Bank:
Address:
Type of Account:
Account Number:
5. Certified Public Accountant, if any:
Address:
6. For information regarding source(s) of income, contact:
INFORMATION REGARDING APPLICANT(S)
BUSINESS PROFESSIONAL REFERENCES:
1. Name & Address:_________________________________________
_________________________________________
_________________________________________
2. Name & Address:__________________________________________
_________________________________________
_________________________________________
3. Name & Address: _____________________________________
_________________________________________
_________________________________________
4. Name & Address:_________________________________________
_________________________________________
_________________________________________
Revised 4/9/12 CCB
7

SPECIAL REMARKS:
Please give any additional information which may be pertinent or helpful:
___________________________________________________________
___________________________________________________________
___________________________________________________________
The undersigned hereby affirms that the information contained in this application is true and accurate to the best of
her knowledge and belief.
Signature of Applicant: ___________________________________ Date: ____________
Signature of Spouse/Co-Applicant: ___________________________________ Date: ____________
Revised 4/9/12 CCB
8

STATEMENT OF FINANCIAL CONDITION
Please note that all information listed here should have documentation
Name: _____________________________________
Address: ____________________________________
____________________________________
For the purpose of procuring credit from the above named company, or its assigns, the following is submitted as
being a true and accurate statement of the financial condition of the undersigned on the_______ day of
_________________, 20___
FILL ALL BLANKS, WRITING “NO” OR “NONE” WHERE NECESSARY TO COMPLETE INFORMATION
ASSETS LIABILITIES
Cash in Banks: ______________________ Notes Payable:
Savings & Loan Shares: ________________ To Banks: _____________________
Earnest Money Deposited: ______________ To Relatives: ___________________
Investments: Stocks & Bonds: ____________ To Others: _____________________
(See schedule) Installment Accts Payable:
Investment in own Business: _____________ Automobile: ____________________
Real Estate owned (see schedule) Other: ________________________
_______________________________ Other Accounts Payable:____________
Automobiles: (Year & Make) Mortgages Payable on Real Estate:
_______________________________ (see schedule) __________________
_______________________________ Unpaid Real Estate taxes: _____________
_______________________________ Unpaid Income taxes: ______________
_______________________________ Chattel Mortgages: ________________
Personal property & Furniture: ____________ Loans on Life Insurance Policies:
Life Insurance: (Include Premium Advance): __________
Cash Surrender Value: ____________ ____________________________
Other Assets – itemize: ________________ Other debts – itemize: ______________
________________________________ ____________________________
________________________________ ____________________________
Total Assets: _______________________ Total Liabilities: _________________
PURCHASER & SPOUSE SOURCE OF INCOME
Base Salary: _______________________
S/E Income: _______________________
Bonus & Commissions: ________________
Dividends & Interest Income: ____________
Real Estate Income (Net):_______________
Spouse Income (specify):_______________
Other Income – itemize: ________________
________________________________
Total Annual Income: ________________
Revised 4/9/12 CCB
Net Worth: ____________________
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STATEMENT OF FINANCIAL CONDITION (cont’d)
CONTINGENT LIABILITIES GENERAL INFORMATION
As Endorser or Co-maker Personal Bank Accounts carried at:
on Notes: _____________ _____________________________
Alimony Payments (Annual):________________ __________________________
Are you a defendant in any legal action? _______ Savings & Loan Account at:
Are there any unsatisfied judgments? __________ __________________________
Have you ever claimed bankruptcy? ___________ Purpose of Loan:
Explain: ___________________________ __________________________
___________________________ __________________________
SCHEDULE OF STOCKS AND BONDS
Amount or Marketable
Non-Marketable
(Unlisted Securities)
No. Shares Description Actual Market Value Estimated Worth
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
________ ____________________ ______________ ______________
SCHEDULE OF CASH IN BANKS AND BROKERAGE
Location Account Balance
__________________ ___________________ _______________
__________________ ___________________ _______________
__________________ ___________________ _______________
__________________ ___________________ _______________
__________________ ___________________ _______________
__________________ ___________________ _______________
__________________ ___________________ _______________
__________________ ___________________ _______________
Revised 4/9/12 CCB
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STATEMENT OF FINANCIAL CONDITION (cont’d)
SCHEDULE OF REAL ESTATE
Actual Market Mortgage
Description & Location Cost Value Amount Maturity
__________________ _________ ______________ __________________
__________________ _________ ______________ __________________
__________________ _________ ______________ __________________
__________________ _________ ______________ __________________
__________________ _________ ______________ __________________
SCHEDULE OF NOTES PAYABLE
Specify any assets pledged as collateral, indicating the liabilities which they secure:
To Whom Payable Date Amt Due Interest Assets Pledged as Security
____________ ____ ____ _____ ______ _____________________
_____________ ____ ____ _____ ______ _____________________
_____________ ____ ____ _____ ______ _____________________
_____________ ____ ____ _____ ______ _____________________
_____________ ____ ____ _____ ______ _____________________
The foregoing statements and details pertaining thereto, both printed and written, have been
carefully read and the undersigned hereby solemnly declares and certifies that same is a full and
correct exhibit of my/our financial condition.
Date: ________________ Signature: _______________________________________
Revised 4/9/12 CCB
Signature: _______________________________________
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CREDIT REPORT
Revised 4/9/12 CCB
51 FIFTH AVENUE OWNERS CORP.
CREDIT AGENCY AUTHORIZATION
In order to comply with the provisions of 15 U. S. C. Section 1681(d) of the Federal Fair Credit
Reporting Act, I (we) authorize you to retain Tenant Data Verification Co., Inc. which agency
may obtain, prepare and furnish an investigative consumer report including information on my
character and general reputation, personal characteristics and mode of living, whichever are
applicable, as well as information regarding employment, credit and current financial position.
If this is a lease application, I (we) further authorize The Lovett Company, L.L.C., at its
discretion, to make a copy of such credit report available to the owner of the unit which I (we)
propose to lease.
In addition, within a reasonable period of time, upon written request to The Lovett Company,
L.L.C., I (we) may obtain a complete and accurate disclosure of the nature and scope of the
investigation requested.
Receipt is acknowledged to the summary of rights enclosed herewith.
Name (print): SS#:
Signature: Date:
Name (print): SS#:
Signature: Date:
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INSERT
LETTER FROM SHAREHOLDER DETAILING
THE REASON FOR YOUR SUBLET REQUEST,
THE LENGTH OF THE SUBLEASE TERM,
WHEN YOU INTEND TO RETURN TO SAID
APARTMENT AND WHERE MAINTENANCE
BILLS AND BUILDING CORRESPONDENCE
SHOULD BE FORWARDED.
Revised 4/9/12 CCB
13

INSERT
CONSENT FROM YOUR FINANCIAL
INSTITUTION
(If apartment is currently financed)
Revised 4/9/12 CCB
14

INSERT
THREE (3) PERSONAL REFERENCE
LETTERS FROM NON-RELATIVES WHO
HAVE KNOWN THE PROSPECTIVE
SUBTENANT FOR AT LEAST FIVE (5)
YEARS
Revised 4/9/12 CCB
15

INSERT
PROSPECTIVE SUBTENANT’S
EMPLOYMENT VERIFICATION
LETTER
including salary, position and term of employment
Revised 4/9/12 CCB
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Revised 4/9/12 CCB
INSERT
LANDLORD REFERENCE LETTER
INDICATING LENGTH OF TENANCY
AND
PAYMENT HISTORY
17

INSERT
LAST TWO (2) YEARS
FEDERAL INCOME TAX RETURNS WITH
W-2 FORMS
Revised 4/9/12 CCB
18

Revised 4/9/12 CCB
Sublease Agreement
Date of the Sublease: ________________________, 20______
Parties to Overtenant:
this Sublease: Address for Notices:
You, the Undertenant:
Address for Notices:
If there are more than one Overtenant or Undertenant, the words
"Overtenant" and "Undertenant" used in this Sublease include them.
Information for Landlord: 51 Fifth Avenue Owners Corp.
Over-Lease: Address for c/o The Lovett Company, LLC
Notices: 109-15 14th Avenue
College Point, N.Y. 11356
Date of Over-Lease__________________________19___
Term: ______________________________years
From ______________20__ to _______________20___
A copy of the Over-Lease is attached for an important part of the sublease.
Term: One year consisting of 12 consecutive months
Beginning ________________ 20____ ending ________________ 20___
Premises Rented: Apartment __________
At: ____________________________________________
____________________________________________
____________________________________________
Use of Premises: The premises may be used for Residential purposes only.
Page 1 of 3
Persons in The Undertenant herby specifically represents that the named Undertenant
Occupancy: herein above shall be the only person in occupancy of the premises except for
___________________________________________________, whose relationship to
the Undertenant is __________________________________, and
____________________________________________________, whose relationship to
the Undertenant is __________________________________.
The Undertenant hereby specifically agrees that no other persons shall be in occupancy
with the above stated, In the event the Undertenant desires to add other persons as
occupants with the Undertenant during the term of this Sub-Lease, it is specifically
agreed that the Undertenant shall give notice in writing to the Overtenant and to the
Landlord, the name of the other persons proposed for such occupancy and their
relationship to the Undertenant. It is further hereby specifically agreed that such other
persons shall not become occupants pursuant to the terms of this Sublease until such time
as they are approved in writing by the Overtenant and by the Landlord, which approval
shall not be unreasonably withheld.
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Revised 4/9/12 CCB
Page 2 of 3
Rent: The yearly rent is $________________. You, the Undertenant, will pay this yearly rent
to the Overtenant in twelve equal monthly payments of $______________. Payments
shall be paid in advance on the first day of each month during the term.
Security: The security for the Undertenant's performance is $_________________. Overtenant
states that Overtenant received it.
Agreement to Lease
and Pay Rent: Overtenant sublets the premises to you, the Undertenant for the term. Overtenant states
that it has the authority to do so. You, the Undertenant, agree to do everything required
of you in the Sublease.
Notices: All notices in the Sublease shall be sent by certified mail, return receipt requested.
Subject to: The sublease is subject to the Over lease. It is also subject to any agreement to which the
Overlease is subject. You, the Undertenant, state that you have read and initialed the
Overlease and will not violate it in any way. You, the Undertenant, will not breach any
of the terms, conditions, restrictions or covenants contained in the Overlease, the By
Laws, the House Rules and Regulations and any related documents.
Overtenants Duties: The Overlease describes the Landlord's duties. The Overtenant is not obligated to
perform the Landlord's duties. If the Landlord fails to perform, you the Undertenant,
must send the Overtenant a notice. Upon receipt of the notice, the Overtenant shall then
promptly notify the Landlord and demand that the Overlease agreements be carried out.
The Overtenant shall continue the demands until the Landlord performs.
Consent: If the Landlord's consent to the Sublease is required, this consent must be received prior
to the commencement of the Sublease. If the Landlord's consent is not received, the
Sublease will be void and in such event, all parties are automatically released.
Possession: Possessions shall in no event commence until Landlord's consent is received.
Adopting the The provisions of the Over Lease are part of this Sublease. All the
Over-Lease and Exceptions of the Overlease are part of this Sublease. All the provision
Exceptions: of the Overlease applying to the Overtenant are binding on you, the Undertenant.
Authority: You, the Undertenant, have no authority to contact or make any agreement with the
Landlord about the premises or the Overlease. You, the Undertenant, may not pay rent or
other charges to the Landlord, but only to the Overtenant, subject to paragraph 32 of the
Over Lease.
Successors: Unless otherwise stated, the Sublease is binding on all parties who lawfully succeed to
the rights or take the place of the Overtenant or you, the Undertenant, Examples are an
assign, heir or a legal representative such as an executor of your will or administrator of
your estate.
House Rules and
Regulations: The Undertenant agrees to comply with the By Laws and the House Rules and
Regulations of the Cooperative.
Move-In/Move-Out
Security Agreement The Move-In/Move-Out Security Deposit Agreement is attached hereto
and Service made a part hereof and is labeled Exhibit V.
Agreement
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Revised 4/9/12 CCB
Page 3 of 3
Responsibility
of Overtenant The Overtenant shall be liable and responsible for any fines, damages, costs
For Actions of and expenses (including reasonable attorney's fees) incurred or paid as a
Undertenant result of or in connection with any violation of the By Laws of the Corporation and the
House Rules and Regulations of the Corporation by the Undertenant.
Default: The Undertenant shall be considered as being in default of the Sublease Agreement if he
fails to carry out any of the provisions of this Sublease Agreement, in such event, he
will be subject to removal from the premises upon demand by the Overtenant or
Landlord.
The members of the Board of Directors of the Landlord shall have the power to terminate
the Lease Agreement and to bring summary proceedings to evict the Undertenant, in the
name of the Overtenant thereunder in the event of a default by the Undertenant in the
performance of its obligations under this Sublease Agreement.
Assignment: This Sublease may not be transferred or assigned.
Changes: This Sublease can be changed only by an agreement in writing signed by the parties of
the Sublease and subject to the Landlord's written consent.
Landlord not
Party to the
Sublease: Nothing herein contained shall be construed to make the Landlord a party to this Sublease
and the Landlord shall not have liability with respect to this Sublease.
Signatures: OVERTENANT:
__________________________________
__________________________________
You, the UNDERTENANT:
__________________________________
__________________________________
Witness: _______________________________________
21

Revised 4/9/12 CCB
RIDER TO SUBLEASE AGREEMENT
51 FIFTH AVENUE OWNERS CORP.
51 FIFTH AVENUE
NEW YORK, NY 10003
Whenever the Overtenant (shareholder) is more than thirty (30) days in arrears in monthly
maintenance charges, the cooperative corporation (Co-op) shall, at its option, have the right to
collect the rent payable by the Undertenant (subtenant) in the apartment until such arrears are
paid in full, including maintenance, late fees, legal and other costs per the Proprietary Lease. In
the event the rent collected exceeds the arrears due, the Co-op shall remit the excess to the
shareholder. Any payments made to the Co-op shall be credited to the subtenant as if made to
the shareholder, and there shall be no breach of the sublease on account of said payments.
Any behavior which violated the terms of the Proprietary Lease or the House Rules, such as
excessive noise, guests, or inappropriate or obnoxious behavior, which becomes or proves a
threat to the quiet enjoyment of the building shall be grounds for terminating the sublease.
If the foregoing meets with your understanding, please sign where indicated below.
AGREED AND ACCEPTED:
____________________________________________
Overtenant (Shareholder)
____________________________________________
Undertenant (Subtenant)
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Revised 4/9/12 CCB
SUBLEASE ACKNOWLEDGEMENT
It is understood that the sublease fee is equal to one (1) month's maintenance per term. In
the event that the subleasee holds over in the subject apartment beyond the term approved
by the Board of Directors, there shall be an additional MONTHLY sublet fee paid by the
shareholder, which shall be equal to the amount of the currently monthly maintenance for
said apartment. Shareholder shall pay said fee in addition to the regular monthly
maintenance for each month that the holdover continues and such fee shall be deemed to be
additional rent pursuant to Paragraph 12 of the Proprietary Lease.
I (we) have read and fully understood the conditions set forth above.
Shareholder's Signature Date
Shareholder's Signature Date
23

Revised 4/9/12 CCB
51 Fifth Avenue
51 Fifth Avenue Owners Corp.
Policies & Procedures
Revised April 2012
24

Table of Contents
Introduction……………………………………………. 1
Emergency Telephone Numbers……………… 1
Managing Agent………………………………… 1
Apartment Keys……………………………………… 1/2
Basement Storage…………………………………… 2
Staff Members……………………………………… 2/3
Apartment Repairs………………………………… 3
Moving In/Out……………………………………… 3/4
Mail & Package Delivery………………………… 4
Maintenance Payments…………………………… 4
Resale Procedure…………………………………… 4
Sublet Procedure…………………………………… 5
Security & Safety…………………………………… 5/6
Recycling/Trash Compactors…………………… 6
Construction/Alterations………………………… 6/7
Terraces……………………………………………… 7
Air Conditioners…………………………………… 7
Pets……………………………………………… 7
Laundry Room………………………………… 8
House Rules………………………………………… 8-10
Revised 4/9/12 CCB
25

Introduction
This manual is intended to familiarize all residents of 51 Fifth Avenue with the policies and
procedures established by the Board of Directors for the smooth and orderly operation of the
building. While the Board intends to update this manual periodically, the policies and
procedures described in this manual may be changed at any time without notice.
Emergency Telephone Numbers
In case of emergency, dial 911 to reach the police, fire department or ambulance. For nonemergencies
call:
Police Department 17 th Precinct (212) 826-3211
Fire Department General Information (212) 628-2900
In addition to placing one of these calls, please advise the elevator operator of the situation as
soon as possible. He will notify the Superintendent, who will notify the Managing Agent.
Managing Agent
Ellen Kornfeld
The Lovett Company
450 Seventh Avenue, Suite 2107
New York, NY 10123
Telephone: (212) 736-3440, ext. 213; Facsimile: (212) 736-1445
lovettny@aol.com
Please note that Ms. Ellen Kornfeld may be reached at the above telephone number between the
hours of 9:00 a.m. and 5:00 p.m., Monday through Friday, except for holidays. Ms. Kornfeld is
available for any questions residents may have concerning the operation and policies of the
property. All questions, problems, complaints and suggestions concerning the management and
operation of the building should be directed to Ms. Ellen Kornfeld.
In emergency situations during normal working hours, please contact Ms. Kornfeld and your
Superintendent, Zoltan Papp, immediately. Emergencies on weekends and legal holidays should
be called into the Managing Agent’s answering service at 212-319-8725, which in turn will be
responded to by Ms. Kornfeld or one of her colleagues. A building staff member should also be
made aware of the emergency as soon as possible. Staff members have been notified of the
emergency procedures in the absence of the Superintendent.
Apartment Keys
We recommend that you leave a set of your apartment keys with the Superintendent for use in
emergency situations only. All keys are kept in a locked cabinet, which the staff will access, in
Revised 4/9/12 CCB
1
26

emergency situations. If your apartment is accessed in emergency situations, the Superintendent
will inform you of the reason and the action taken.
If you opt not to leave your keys with the Superintendent, any expense or damages incurred in
gaining access to your apartment in the event of an emergency will be your responsibility. This
includes the cost of a locksmith or any other damage to your door. Please keep in mind that this
request is in the interest for the safety, health and well being of all residents. Your cooperation is
appreciated.
Basement Storage
The Building currently offers storage space to residents of the building at cost of $20 per month.
Residents must comply with the rules and regulations set by the Board of Directors and the New
York City Fire Code. Storage of flammable materials, such as rugs, paints, furniture, clothing,
paper goods and soft suitcases, are strictly prohibited, unless they are stored in a fireproof metal
cabinet with the Board of Directors consent.
Staff Members
EMPLOYEE POSITION HOURS WORKWEEK
Zoltan Papp Superintendent 8:00 am to 4:00 pm Monday – Friday
Rodolfo Altieri Handyman 8:00 am to 4:00 pm Monday – Friday
Srdan Glisic Doorman 3:00 pm to 11:00 pm Wednesday – Sunday
Jeremias Lazo Doorman 3:00 pm to 11:00 pm Monday and Tuesday
11:00 pm to 7:00 am Wednesday and Thursday
7:00 am to 3:00 pm Saturday
Andre Licursi Doorman 11:00 pm to 7:00 am Friday – Tuesday
Luis Rivera Doorman 7:00 am to 3:00 pm Monday – Friday
Salvador Mendez Sunday Doorman 7:00 am to 3:00 pm
Jose Morales Porter 11:00 am – 7:00 p.m. Monday – Friday
Andre Santos Porter 8:00 am to 4:00 pm Saturday and Sunday
7:00 am to 3:00 pm Monday – Wednesday
Revised 4/9/12 CCB
2
27

Employees of 51 Fifth Avenue are on call between 8:00 am and 4:00 pm for repairs to and the
service of building systems. Shareholders and tenants are not to use the services of the building
staff during regular working hours for private work.
If an employee should agree to do work in an individual apartment, it should take place on the
employee’s day off or during non-working hours. The cost of such work is to be negotiated
between the residents and the employee. Any employee found to be doing private work in an
apartment on company time would be subject to termination. You should not jeopardize the
employee’s employment status and you must cooperate with this request.
Please note that the building’s insurance coverage does not cover employees doing work and the
Corporation is not responsible for any work privately contracted, whether with building employees of other
persons. This includes the moving in and moving out of residents.
Apartment Repairs
The cooperative corporation, with the assistance of the Managing Agent, is responsible for the
maintenance and repair to all building systems. This includes the plumbing, heating and
electrical sources within the walls of your apartments, the building’s exterior walls, roof and
parapet walls, all doors and walls of the public hallways, stairwells and basement.
All repairs must be reported via the Tenant Complaint forms, which are available from the
elevator operator. These work orders are t be completed and returned to the elevator operators or
directly to the Superintendent, who is responsible for responding to all complaints.
Please report all complaints of building systems directly to the Managing Agent. The Managing
Agent is responsible for making the necessary arrangements to have the repairs made and must
report those repairs which require the assistance of outside contractors in excess of $1,500 to the
Board of Directors.
Moving In/Moving Out
You must clear all moves in and out of the building with the Managing Agent in advance and
pay a security deposit of $750.00, of which $500.00 is refundable. If you are a current
shareholder who intends to sell or sublet your apartment, both you and your purchaser or subtenant
are responsible for this deposit. The Managing Agent will hold security deposits in
escrow to cover damages to the building.
All moves must be scheduled with the Superintendent and can only take place between the hours
of 8:00 am and 4:00 pm Monday through Friday. Any move that continues past the hours stated
above will result in a charge equal to the hourly rate for the porter or Superintendent. However,
no move may proceed after 5:00 pm under any circumstances.
The passenger elevator may not be used for the moving of any household goods at anytime. Under no
circumstances may anyone other than the building staff operate the building elevators. All moves must
go through the service entrance.
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A certificate of insurance must be provided by the moving company and must name The Lovett
Company, LLC. And 51 Fifth Avenue Owners Corp. as additionally insured.
Mail & Package Delivery
The building staff only accepts UPS deliveries and other forms of overnight mail as a courtesy to
residents. The staff accepts the packages and logs them into the package book. Residents must
sign for all packages received. The Cooperative Corporation accepts no liability for damage
to or the misplacement of these items and suggests that if residents do not want the building
staff to accept any such packages, to notify the Managing Agent in writing.
Maintenance Payments
All maintenance payments are technically due on the first of every month. However, the Board
of Directors has instituted a grace period until the 15 th , after which time a $50.00 late fine is
imposed. The late fine is assessed for all payments received by the bank after the 15 th and
neither the Managing Agent nor the Board of Directors will be responsible for the US Postal
Service.
All billing inquiries are to be directed to either the Managing Agent or the Collection Manager in
the agent’s office. The Managing Agent is required to bring to the Board of Directors attention
to all Shareholders who are delinquent in their maintenance obligations. The Managing Agent is
responsible for instituting legal action against all Shareholders who are two months behind in
their financial obligations to the cooperative corporation. The Board of Directors will ultimately
decide on disputes regarding payments.
Resale Procedures
The Managing Agent will provide resale packages upon request. The package contains personal
and financial information required by the Board on the prospective purchaser. Please return
completed applications to the Managing Agent for review. After the Managing Agent reviews
and verifies the information submitted, they will set up an interview with the Board of Directors.
The Managing Agent will notify the purchaser’s attorney of the Board’s decision and, if
approved, a closing date will be scheduled.
The Purchase Application package requires the completion of certain required documentation
assembled into seven (7) copies with one original. See the Purchase Application for details;
please contact Management for the most recent Purchase Application.
The following fees are payable upon submission of the Purchase Application Package (see
application package for details):
$350.00 Processing Fee payable to The Lovett Company
$100.00 Credit Report Fee payable to The Lovett Company
$750.00 Move in/out Deposit, $500.00 of which is refundable.
Please note that closing costs have not been included on this schedule. Upon sale approval,
closing fees are provided to both parties.
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Revised 4/9/12 CCB
4

Sublet Procedure
Subletting is discouraged except under extreme circumstances. If it is necessary to sublet your
apartment a sublease package must be requested from the Managing Agent. The package
contains both personal and financial information required by the Board on your prospective
subtenant. This package must be completed in its entirety and returned to the Managing agent
for review before it is presented to the Board and an interview is scheduled.
The Sublease Application Package requires the completion of certain required documentation
assembled into seven (7) copies with one original. See the Sublease Application for details;
please contact Management for the most recent Sublease Application.
The Following Fees are payable upon submission of the Sublet Application Package (see
application for details):
$350.00 Processing Fee payable to The Lovett Company
$100.00 Credit Report Fee payable to The Lovett Company
$750.00 Move in/out Deposit, $500.00 of which is refundable.
Upon approval, payment of a sublet assessment equal to one month’s maintenance is charged for
each approved sublease term.
The sublet assessment must be paid each year, even if the Board authorizes the same tenant to
remain in your apartment.
The Managing Agent will notify the Shareholder of sublease expirations at least two (2) months
in advance.
Please Note: All Sales and Subleases require Board approval. All Sale and Sublease
packages and policies are subject to change.
Security and Safety
You are requested to follow the following procedures:
1. When you go away, please advise the superintendent in writing with written instructions
on the collection of your mail and newspapers during your absence.
2. While you are away, visitors will not be permitted to enter your apartment unless you
have left written authorization with the Superintendent. This includes caretakers of
plants and animals who may visit the apartment on a daily basis. Any visitor staying in
your apartment more than thirty (30) days will be considered a sublet and you must
follow the rules for subletting outlined in the Sublease Application Package.
3. Always leave written instructions with the Superintendent if workmen are to be admitted
to your apartment. These instructions must include the names and the date and time that
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the workmen are expected. Under no circumstances can you give the keys to the main
door to any workmen or visitors.
4. The building is in no way responsible for damage caused by your visitors or workmen
and the cost of repairs will be billed to the responsible Shareholder/tenant. Any
renovations or construction or construction to an apartment, which is sublet, must be
approved by the Shareholder in writing.
5. Fire doors must never be propped open and stairways must be kept free of items likely to
block the stairways. This practice not only endangers the lives of others, it is against the
law.
Recycling/Trash Compactors
New York City has enacted strict guidelines for the proper recycling of certain items. Presently
these include glass, plastic, aluminum cans, magazines, corrugated boxes and newspapers. All
glass, plastic, aluminum cans should be thoroughly washed and brought to the landing on each
staircase. The recyclable garbage is picked up every Monday; with regular garbage pick-ups on
Monday, Wednesday and Thursday.
Construction/Alteration
Before you commence any construction in your apartment an alteration agreement must be
requested from the Managing Agent and returned signed with the additional information listed
below:
1. A sketch of a diagram of the work proposed, including the removal of walls, closets,
cabinets etc. and a detailed written explanation of the work from the contractor
2. A Certificate of Insurance from a licensed contractor naming both 51 Fifth Avenue
Owners Corp. and The Lovett Company as additional insured. This certificate should
also list the general liability and workmen’s compensation limits of liability as well as the
work, which the contractor is insured for along with the Shareholders name and
apartment number.
3. A security deposit of $1,500 must be supplied for potential damage to building systems
of the public areas of the building from the start to finish of all work proposed. Please
note that only $1,250 will be refunded to you after all alterations have been completed
and deemed to be in compliance with the Alteration Agreement. Alteration rules can be
subject to change and you must refer to the Alteration Agreement. Please note
shareholders will be charged $300 per week for building services provided to your
contractors while doing renovations in your apartment.
4. A processing fee of $250 is payable to The Lovett Company, LLC for the review of your
alteration documents in order for your to obtain approval.
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This package must be submitted to the Managing Agent for review before it is passed on to the
Board of Directors for approval. If there is sufficient evidence to render the services of an
outside professional, such as an engineer or architect, the fees for these services will be borne by
the Shareholder.
Once approval has been granted work may commence between the hours of 9:00 am to 4:00 pm
Monday through Friday and the shareholder and/or contractor is responsible for the removal of
all debris away from the property, not just out from the building. Your contractor may choose to
set up in the apartment at 8:00 a.m., but may not commence the actual work until 9:00 a.m.
Arrangements must be made with the Superintendent in advance for the use of the freight
elevator.
The elevator cab and hallway floors must be properly covered during all work hours. The
Shareholder and/or contractor are responsible for keeping the hallways free and clear of all
encumbrances and must clean the hallway on a daily basis. The staff is not responsible for these
chores.
Please note, although you are not required to request permission for the painting or wallpapering
of your apartment, we suggest that you follow the same procedures outlined above for your own
protection. You should also provide the Managing Agent and Superintendent with the names of
your contractors as well as the dates and times of their work. You are always responsible for the
proper cleaning and covering of the elevator cabs and hallways.
Terraces
Pursuant to the New York City Fire Code, barbecuing is strictly prohibited. Any violation of the
fire code could result in a penalty or fine by the Board of Directors. Nothing may be placed,
embedded, nailed, screwed, or attached to the parapet walls. This includes, but is not limited to,
all planters, trees and flower boxes, which are prohibited according to New York City local laws.
We request that you exercise care when using your terrace to ensure the safety of all residents,
guests, building staff, vendors and pedestrians. Please remove all debris that may get clogged in
the terrace drains and remember to keep your terrace in a good clean and safe condition.
Air Conditioners
All air conditioners must be properly braced according to Department of Building guidelines.
Service for air conditioners must be performed by licensed repair companies who can provide
adequate liability insurance to the Managing Agent.
Pets
Any Shareholder may have dogs, cats or birds as pets provided such pet does not create a
nuisance. In no event shall dogs be permitted on elevators or on the public portions of the
building without a leash or carried. No pigeons, bird or animals shall be fed from the
windowsills, terraces, balconies or other public portions or on the sidewalks or street adjacent to
the building.
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Revised 4/9/12 CCB
7

Laundry
The laundry room is located in the basement. There are four washing machines and three dryers
available for your use. The laundry room may be used every day, seven days a week.
House Rules
The following are excerpts from the House Rules as published in the By-Laws of the
Cooperative Corporation’s Proprietary Leases. These Rules have been amended slightly and
highlight those, which the Board of Director’s feel all Shareholders should be aware of.
1. The Public halls and stairways of the building shall not be obstructed in any way so as to
prohibit residents from access to and from their apartments.
2. No patient of any Doctor who has offices in the building shall be permitted to wait in the
lobby.
3. Children shall not play in the public hall, courts, stairways, or elevators and are not to be
permitted on the roof.
4. No public hall of the building shall be decorated or furnished by any Lessee in any
manner without the prior written consent of all other lessees to whose apartments such
hall serves. The Board of Directors shall resolve all disagreements.
5. No Lessee shall make or permit any disturbing noises in the building or do or permit
anything to be done therein, which will interfere with the rights, comfort or convenience
of other Lessees.
6. No construction or repair work or other installation involving noise shall be conducted in
any apartment except on weekdays (not including legal holidays) and only between the
hours of 9:00 am and 4:00 pm.
7. No article shall be placed in the halls or on the staircase nor shall anything be hung or
shaken from the doors, windows, or terraces or placed upon the windowsills of the
building.
8. No awnings, window air conditioning units or ventilators shall be used in or about the
building except such as shall have expressly been approved by the Lessor or the
Managing Agent, nor shall anything be projected out of any window of the building
without similar approval. The Lessor or the Managing Agent shall not unreasonably
withhold their consent to the installation of air conditioning units or ventilators, provided
that standard building equipment is used; the contractor installing such equipment is
approved by the Lessor or the managing Agent; the electrical wiring involved is
sufficient to support the air conditioner or ventilator (if electric) involved; and the Lessee
agrees to abide by any rules or regulations of the Lessor and the Managing Agent in
respect of such installations and the use thereof.
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9. No sign, notice, advertisement or illumination shall be inscribed or exposed on or at any
window or other part of the building, except such as shall have been approved in writing
by the Lessor or the managing Agent.
10. Garbage and refuse from the apartments shall be disposed of only at such time and in
such manner as the Superintendent or the Managing Agent of the building may direct.
11. Messengers and trades people shall use such means of ingress as shall be designated by
the Lessor.
12. Kitchen supplies, market goods and packages of every kind are to be delivered only at the
service entrance of the building and through the service elevator to the apartments, when
such elevator is in operation.
13. No Lessee shall send any employee of the Lessor out of the building on any private
business of a Lessee.
14. The Lessee shall use available laundry facilities, if any, upon such days and during such
hours as may be designated by the Lessor or the Managing Agent.
15. The Lessor shall have the right from time to time to curtail or relocate any space devoted
to storage or laundry purposes.
16. Unless expressly authorized by the Board of Directors in each case, the floors of each
apartment must be covered with rugs or carpeting or equally noise reducing material, to
the extent of at least 80% of the floor area of each room excepting only kitchens, pantries,
bathrooms, maid’s rooms, closets and foyer.
17. No group tour or exhibition of any apartment or its contents shall be conducted, nor shall
any auction sale be held in any apartment without the consent of the Lessor or its
Managing Agent.
18. The Lessee shall keep the windows of the apartment clean or shall arrange for such
cleaning by the Lessor if the Lessor provides such service. In case of refusal or neglect
of the Lessee during ten days notice in writing from the Lessor or the Managing Agent to
clean the windows, such cleaning may be done by the Lessor, which shall have the right,
by its officers or authorized agents, to enter the apartment for the purpose and to charge
the cost of such cleaning to Lessee.
19. The passenger and service elevators, unless of automatic type and intended for operation
by a passenger, shall be operated only by employees of the Lessor, and there shall be no
interference whatever with same by the Lessee or members of their families or their
guests, employees or subtenants.
20. Complaints regarding the service of the building shall be made in writing to the
Managing Agent or the Lessor.
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21. Any consent or approval given under these House Rules by the Lessor shall be revocable
at any time.
22. No Lessee shall install any plantings on the terrace, balcony or roof without the prior
written approval of the Lessor. Plantings shall be contained in boxes of wood lined with
metal or other material impervious to dampness and standing on supports at least two
inches from the terraces, balconies or roof surface, and if adjoining a wall, at least three
inches from such wall. Suitable weep holes shall be provided in the boxes to draw off
water. In special locations, such as a corner abutting a parapet wall, plantings may be
contained in masonry or hollow tile walls which shall be at least three inches from the
parapet and flashing, with the floor of drainage tiles and suitable weep holes at the sides to
draw off water. It shall be the responsibility of the Lessee to maintain the containers in
good condition, and the drainage tiles and weep holes in operating condition.
23. The agents of the Lessor and any contractor or workman authorized by the Lessor, may enter
any apartment at any reasonable hour of the day for the purpose of inspecting such apartment
to ascertain whether measures are necessary or desirable to control or exterminate any
vermin, insects or other pests. If the Lessor takes measures to control or exterminate carpet
beetles, the cost thereof shall be payable by the Lessee, as additional rent.
24. These House Rules may be added to, amended or repealed at any time by resolution of
the Board of Directors of the Lessor, provided that such resolution is adopted by the
affirmative vote of not less than two-thirds of the Directors then in office.
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Apartment:________________________
Revised 4/9/12 CCB
51 Fifth Avenue Owners Corp.
51 Fifth Avenue
New York, NY 10003
I acknowledge receipt of the policies, procedures and the House Rules of 51 Fifth Avenue
Owners Corp., and have read and understood them:
Print Name(s)______________________________ __________________________________
Subtenant Co-Subtenant
Signature(s) : ______________________________ __________________________________
Date: ___________________________
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Revised 4/9/12 CCB
W I N D O W G U A R D S R E Q U I R E D
You are required by law to have window guards installed in all windows if a child 10 years of age or
younger lives in your apartment.
Your landlord is required by law to install window guards in your apartment if you ask him to install
window guards at any time (you need to give a reason),
OR
If a child 10 years of age or younger lives in your apartment.
It is a violation of law to refuse, interfere with installation, or remove window guards where required.
Check One:
_____ Children 10 years of age or younger live in my apartment
_____ No Children 10 years of age or younger live in my apartment
_____ I want window guards even though I have no children 10 years of age or younger
Tenant:________________________________________________
Tenant’s Signature:______________________________________Date:____________
Tenant’s Address:______________________________________
______________________________________
Return this form to:
Owner Manager: 51 Fifth Avenue Owners Corp.
c/o The Lovett Company, LLC
109-15 14 th Avenue
College Point, New York 11356
For further information call: Window Falls Prevention 212-676-2158
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DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT AND LEAD-BASED PAINT HAZARDS
Lead Warning Statement
Every purchaser of any interest in residential real property on which a residential dwelling was built prior
to 1978 is notified that such property may present exposure to lead from lead-based paint that may place
young children at risk of developing lead poisoning. Lead Poisoning in young children may produce
permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral
problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The
seller/lessor of any interest in residential real property is required to provide the buyer/lessee with any
information on lead-based paint hazards from risk assessments or inspections in the seller’s possession
and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible
lead-based paint hazards is recommended prior to purchase.
Seller/Lessor’s Disclosure (initial)
_____ a) Presence of lead-based paint and/or lead-based paint hazards (check one below):
( ) Known lead-based paint and/or lead-based hazards are present in the housing
(explain):_____________________________________________________
___________________________________________________________
( ) Seller/Lessor has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.
_____ b) Records and reports available to the seller/lessor (check one below):
( ) Seller/Lessor has provided the purchaser/lessee with all available records and reports pertaining to
lead-based paint and/or lead-based paint hazards in the housing (list documents below).
( ) Seller/Lessor has no reports or records pertaining to lead-based paint and/or lead-based paint hazards
in the housing.
Purchaser/Lessee’s Acknowledgments (initial)
_____ c) Purchaser/Lessee has received copies of all information listed above.
_____ d) Purchaser/Lessee has received the pamphlet Protect Your Family from Lead in Your Home.
_____ e) Purchaser/Lessee has (check one below):
( ) Received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or
inspection for the presence of lead-based paint and/or lead-based paint hazards; or
_____ ( ) Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint
and/or lead-based paint hazards.
Agent’s Acknowledgment (initial)
_____ (f) Agent has informed the seller of the seller’s obligations under 42 U.S.C. 4852(d) and is aware of his/her
responsibility to ensure compliance.
Certification of Accuracy
The following parties have reviewed the information above and certify, to the best of their knowledge, that
the information provided by the signatory is true and accurate.
Seller/Lessor: ___________________ Date: _____ Seller/Lessor: ___________________ Date: _____
Agent: ________________________ Date: _____ Agent: ________________________ Date: _____
Purchaser/Lessee: ________________ Date: ______ Purchaser/Lessee: _______________ Date:______
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NAME PLATE REQUEST
Revised 4/9/12 CCB
51 FIFTH AVENUE OWNERS CORP.
John B. Lovett & Associates, Ltd.
109-15 14 th Avenue
College Point, New York 11356
718-445-9500
Please complete the information requested on the form and acknowledge that you will supply the
superintendent with a set of keys upon moving into your apartment.
Apt. No.:_______________
Name on Mailbox:__________________________________
Name on Directory:_________________________________
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